404 Mulzer St Adrian, MI 49221
Estimated payment $1,514/month
About This Home
Excellent investment opportunity in the city of Adrian! This 6-unit multi-family property features five 1-bedroom, 1-bath apartments and one spacious 2-bedroom, 1-bath unit. The property offers two driveways for convenient tenant parking and is located close to amenities, schools, and shopping. With strong rental potential and solid long-term income possibilities, this property is a great addition to any investor’s portfolio. Schedule your private showing today!
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
Year Built
- Built in 1900
Lot Details
- 0.51 Acre Lot
- Lot Dimensions are 150x150
- Street terminates at a dead end
Parking
- 3 Car Parking Spaces
Home Design
- Tri-Level Property
- Vinyl Siding
Bedrooms and Bathrooms
- 7 Bedrooms
- 6 Full Bathrooms
Utilities
- Cooling System Mounted To A Wall/Window
- Boiler Heating System
- Gas Water Heater
Additional Features
- Oven or Range
- Brick Basement
Community Details
- 6 Units
Listing and Financial Details
- Assessor Parcel Number XA0-260-0002-00
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $3,509 | $86,300 | $0 | $0 |
| 2024 | $2,067 | $93,400 | $0 | $0 |
| 2023 | $2,687 | $90,600 | $0 | $0 |
| 2022 | $2,583 | $72,200 | $0 | $0 |
| 2021 | $2,537 | $70,400 | $0 | $0 |
| 2020 | $2,521 | $60,700 | $0 | $0 |
| 2019 | $114,998 | $60,800 | $0 | $0 |
| 2018 | $2,431 | $77,194 | $0 | $0 |
| 2017 | $2,362 | $60,738 | $0 | $0 |
| 2016 | $2,343 | $46,130 | $0 | $0 |
| 2014 | -- | $44,800 | $0 | $0 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 10/16/2025 10/16/25 | Pending | -- | -- | -- |
| 10/15/2025 10/15/25 | For Sale | $239,900 | -- | $73 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Interfamily Deed Transfer | -- | None Available |
Source: Michigan Multiple Listing Service
MLS Number: 50191588
APN: XA0-260-0002-00
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
Source MLS: MiRealSource
Provided through IDX via MiRealSource. Courtesy of MiRealSource Shareholder. Copyright MiRealSource.
The information published and disseminated by MiRealSource is communicated verbatim, without change by MiRealSource, as filed with MiRealSource by its members. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.
Copyright 2025 MiRealSource. All rights reserved. The information provided hereby constitutes proprietary information of MiRealSource, Inc. and its shareholders, affiliates and licensees and may not be reproduced or transmitted in any form or by any means, electronic or mechanical, including photocopy, recording, scanning or any information storage and retrieval system, without written permission from MiRealSource, Inc.